Biden 5% Rent-Hike Cap Plan; Urgent Help for Homeowners; Medicare Savings
This week, President Biden announced a plan to give corporate landlords a choice: either cap rent increases on existing units at 5% per year or risk losing current valuable federal tax breaks. This would apply to landlords with over 50 units in their portfolio, and is intended to work with a larger Biden-Harris administration plan to lower housing costs.
Save Your Home, Philly!
The Philadelphia Revenue Department recently announced that sheriff sales are resuming, and properties with severely delinquent taxes are at risk, but homeowners have options. They advise acting as soon as possible, that you can check Bid4Assets.com to see if your property is listed, and that help is available from their legal and community partners. To learn more, call the city’s Save Your Home Philly hotline at (215) 224-4663 or visit the city’s page on ways to prevent mortgage or tax foreclosure by clicking here.
Medicare Part B beneficiaries will save on 64 prescription drugs
Starting July 1, President Biden’s Inflation Reduction Act that I voted for will save Medicare Part B beneficiaries money on 64 prescription drugs. You can see the full list of the 64 medications by clicking here. Or click here for an explanation of how the savings will work.
Pa.’s new tool to help appeal health insurance claim denials
Did you know? Pennsylvania has a new tool to help with appealing health insurance claim denials, and so far, 53 percent of eligible reviews have succeeded. To access the tool, click here.
My office can help with federal issues. During my first seven years in Congress, my office has helped to return to or save more than $41 million for Philadelphians from federal agencies such as the IRS, Social Security Administration and Department of Veterans Affairs. We also help constituents with other federal concerns such as U.S. Postal Service issues and immigration or passport issues.
If you’re seeking help with a federal agency or a federal concern, you can contact my offices at 215-276-0340 (Northwest Philadelphia) or 215-254-3400 (Point Breeze) or fill out this form that legally authorizes us to look into your case.
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